The current house prices boom was not caused by the stamp
duty holiday, a new report has argued. The Resolution Foundation says prices
will keep rising because of pandemic-related factors like low interest rates
and changing home preferences. In fact, the think tank says the tax holiday was
"wasteful" and HMRC lost out on about £4.4bn of taxes in England and
Northern Ireland as a result. The Treasury said the policy saved jobs by stimulating
the housing market. Between June 2020 and June 2021, the average value of a UK
home increased 13.2%. Read more on the BBC website.
Country diary: The challenge of making a thatched roof pine-marten proof |
Tom Allan
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
That...
1 day ago
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